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Video Conferencing Market Insights 2022-2031: Cisco Systems Inc, Polycom, Adobe Systems, Microsoft Corporation, Vidyo Inc
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The global video conferencing market report by the business research company identifies the launch of 5G technology to be a major growth driver for the video conferencing market. 5G enhances video conferencing attributing to faster networks, higher frequency radio bands, and more reliable connections. The improved network speeds and bandwidth capacity can support top-quality calls in HD or even 3D without delay or other interruptions found in the busy 4G network. The development of 5G at reasonable rates has put remote work at the forefront of video conferencing. According to Ericsson's network coverage report, 5G is expected to cover up to 65% of the world's population by 2025. Increased network speed and capability with the launch of 5G technology to enable high-quality video conferences is projected to contribute to the growth of the video conferencing market.
The global video conferencing market is expected to decline from $7.87 billion in 2020 to $6.03 billion in 2021 at a compound annual growth rate (CAGR) of -23.35%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting manyevery markets across the globe. The video conferencing market is expected to reach $8.67 billion in 2025 at a CAGR of 9.5%.
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North America was the largest region in the video conferencing market in 2020. The regions covered in the video conferencing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the video conferencing market are Cisco Systems Inc, Polycom, Adobe Systems, Microsoft Corporation, Vidyo Inc, Zoom Video Communication Inc, Logitech International S.A., Panasonic Corporation, ZTE Corporation, and Huawei Technologies Co. Ltd.
The global application security market is segmented -
1) By Solution: Web Application Security, Mobile Application Security.
2) By Testing Type: Static Application Security Testing, Dynamic Application Security Testing, Interactive Application Security Testing.
3) By End-User: BFSI, IT And Telecommunication, Government And Defense, Healthcare, Retail, Education, Others.
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The Video Conferencing Market Report Contents Include
1. Executive Summary
2. Video Conferencing Market Characteristics
3. Video Conferencing Market Trends And Strategies
4. Video Conferencing Market - Macro Economic Scenario
5. Video Conferencing Market Size And Growth
....
26. Africa Video Conferencing Market
27. Video Conferencing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Video Conferencing Market
29. Video Conferencing Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the Video Conferencing market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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